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Paxton Indictment and Houston’s Financial Struggles: Monday’s Show (Aug. 3, 2015)

The New York Times reports a grand jury has indicted Texas Attorney General Ken Paxton on multiple felony charges. According to The Times, the attorney general is facing three counts of securities fraud, including failure to register with the state securities board. The charges are set to be unveiled as early as today, the same day […]

The New York Times reports a grand jury has indicted Texas Attorney General Ken Paxton on multiple felony charges. According to The Times, the attorney general is facing three counts of securities fraud, including failure to register with the state securities board. The charges are set to be unveiled as early as today, the same day Paxton is expected to turn himself in at the Collin County Jail.

On this edition of Houston Matters, we discuss the charges the state’s attorney general is facing and whether comparisons can be drawn between this indictment and the indictment against former Gov. Rick Perry.

Then: Moody’s Investors Service recently changed its outlook for Houston from “stable” to “negative.” Why? The city’s growing pension costs — $ 3 billion and counting. We discuss how other cities and states are handling their pension problems and consider the City of Houston’s debt and whether we’re the next Detroit.

Also: A look at Major League Baseball’s program to help prevent arm injuries in young baseball players. Houston Matters’ Michael Hagerty talks with Dr. David Lintner, head physician for the Houston Astros, about the MLB’s Pitch Smart program.

(Image Courtesy: John Davenport/Houston Chronicle)

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